The cryptocurrency market shows signs of a rebound after its most recent dip. Bitcoin (BTC) is inching closer to the $59,000 mark, and the global crypto market cap has risen 1.1% in the last 24 hours to $2.16 trillion.
The slight resurgence could be due to traders capitalizing on the low prices and increasing their holdings. An interest rate cut this month, which could boost investments in risky assets such as cryptocurrencies, is also a possibility.
With that said, let’s look at three assets that could give healthy returns in September 2024.
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Top 3 Cryptocurrencies That Could Provide Great Returns This Month
1. Pepe (PEPE)
PEPE has gained 5.1% in the last 24 hours, but the asset is still down by 12% in the weekly charts.
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According to CoinCodex data, the frog-themed cryptocurrency could surge to a new high this month. The platform predicts PEPE to hit a new all-time high of $).00001892 on Sept. 24, 2024.
CoinCodex analysts anticipate the asset to continue rallying, hitting a peak of $0.00002380 by the end of this month. Reaching $0.00002380 from current prices will translate to a rally of over 213%.
2. Dogwifhat (WIF)
Another cryptocurrency that might be well-positioned for success is WIF. With an increase of 11.5% over the past day, WIF is currently the second-best performing asset out of the top 100 projects in the daily charts. Despite the recent bounce, the dog-themed cryptocurrency is still down 13.2% on the weekly charts.
According to CoinCodex, by the end of this month, WIF might reach a new all-time high of $4.93. Reaching $4.93 from the present price will require a gain of more than 212%.
3. Bonk (BONK)
BONK is a Solana-based meme cryptocurrency that has had incredible results over the last year. The asset has gained 7.3% in the last 24 hours but is down 11.6% over the previous week.
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CoinCodex data suggests that BONK could hit a new all-time high of $0.00006013 on Sept. 30, 2024. Hitting $0.00006013 from current price levels will translate to a rally of about 239%.
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